Assistant Manager Portfolio and Underwriting (Finance)
Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”
Why join us?
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 8 years) and Employee Recommended award by the Globe & Mail (past 6 years)
Competitive pay and discretionary or incentive bonus eligible
Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
Family-friendly work hours
With 175+ community bank locations, we offer opportunities to grow and develop in your career
Promote from within culture
Why join this team?
You'll work with multiple departments within Wintrust on an on-going basis, meeting amazing people along the way.
We strive on teamwork to ensure we all are successful with our daily processes and tasks.
Chances to learn and grow through new initiatives and multi-tasking.
What You'll Do:
Position Overview:
The Assistant Manager Portfolio and Underwriting will monitor, analyze and protect TRICOM's portfolio of receivable collateral by managing and assisting in the collection of our staffing client's accounts receivables; while maximizing the accounts receivable performance, minimize and prevent delinquencies and bad debt write-offs. Supervise, train, and provide guidance to the Portfolio Analyst staff. Serve as a back up to the Chief Credit Officer with working knowledge of all Portfolio Management and Underwriting activities.
Timely, effective, and professional client communication and customer Accounts Receivable collection activities using appropriate advanced persuasion, negotiation, follow-up and problem-solving skills.
Ability to effectively manage collections activities of more complex accounts and carry a larger portfolio of accounts.
Fluent in navigating, extracting, and analyzing data from Vendor Management Systems (VMS) software and effectively directing collection activities in accordance with the information obtained.
Work with, assist, and motive the Portfolio Management team to prioritize conflicting demands and escalate accounts receivables concerns while using excellent organizational and time-management skills to accommodate rapidly changing priorities to meeting company customer service standards and one-hour response time.
Assist, educate, and guide clients and Portfolio Analyst's in effective accounts receivables management, trend analysis, collection techniques and TRICOM expectations and protocol through appropriate analysis of risk criteria present in the assigned portfolio of accounts receivable.
Supervise, train, and provide guidance to the Portfolio Analyst staff. Serve as the back up to the Chief Credit Officer as necessary. Assist the Chief Credit Officer in managing the Accounts Receivables and Underwriting activities.
Communicate orally and draft concise written communication using appropriate spelling and grammar.
Qualifications:
5-7 years Portfolio Management and Underwriting
Bachelor's degree in Business Administration, Finance, or Accounting
CCP or CBCA certification preferred but not required.
Business-to-Business Accounts Receivable Collection and/or Cash Application experience required. Prior experience training and leading employees preferred.
Advanced Computer Skills
Benefits:
Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
Compensation:
The estimated annual salary range for this role is $59,000-$77,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills, and experience.
#LI-Onsite
From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.
